Archives

Last week, I wrote an article about a rather obscure tax case that might have just turned Series LLC asset protection planning on its ear. Wow! Did I get a deluge of mail! I heard from attorneys who said they never trusted the Series LLC and this case just strengthen their concerns. I heard from […]

I have a number of websites selling products and services and so, I’m on the outlook for the best solutions. For me, that means speed and service so that the websites stay up, but it also means I’m careful about not getting myself into a tax issue by mistake. We recently needed to change our […]

An unexpected court case showed up and completely turned Series LLC planning upside down. Before I go into the details, let me cut to the chase. If you have a Series LLC right now, this isn’t the end of the world. But you do need to read the details of the court case I’m about […]

We received this question at USTaxAid. Got a question? Ask us at our website. The question has to do with gift tax and gifting real estate. I’ll paraphrase the question below. Q: My mom owns a condo, currently worth around $250k, which has a $0 basis after depreciation She has written it off as a […]

Ever so often it happens, you owe a whole lot more in taxes than you thought you would. Or, maybe if you’ve got a business that has been growing fast, all of your cash went into inventory, which isn’t immediately deductible. So, you’re cash poor, but taxable income rich. Now what? This is a question […]

Most business owners have a general idea of how sales tax works. If you sell something to someone where your business and it’s something that sales tax would be applicable on, than you probably should collect and pay sales tax. But not everybody does those basic things. If you don’t pay sales tax, the state […]

Congress allowed some important tax bills to expire this year. It’s turned traditional year-end tax planning upside down. Usually, we encourage our clients to do their tax planning in September, but this year we have to wait. Hopefully in November we’ll hear from Congress on these bills. Meanwhile, you can’t do a complete tax plan […]

Love from our customers

I have initially heard Diane's name from the podcast series called "Lifetime Cashflow Through Real Estate Investing" offered by Rod Khleif. To say Diane offered a lot of valuable tips during the podcast is an understatement! She touched upon such important and valuable topics as cost segregation, things to look for in a property inspector, write off when filing income taxes, and etc. I then went ahead and jumped on Diane's website USTaxAid.com. After reviewing just a handful of Diane's articles, I have found myself emerged into reading up and following up further on such important topics for any investor as itemizing deductions, searching for big cash-flowing properties under the new administration and much much more. I'm really excited about finding Diane's site and making a good use of her blog posts and articles. I hope other real estate investors will benefit from it as well! Thank you Diane!

Alina T

I am absolutely floored by Diane Kennedy's breadth of experience when it comes to the entirely too complicated US tax code! She has reduced my businesses tax bill by MILES and has actually, somehow, gotten us a refund! For the record, our international business turns over $80 million annually! She is very responsive to all of my queries and is just an absolute pleasure to work with. I really don't know what we would do without her and her team. Thank you Diane and USTaxAid!!!

A VERY happy client!

Please tell Diane she is fantastic. I really enjoyed talking to her and her knowledge is amazing. It is very helpful to have her guidance.

Laura M, California

Thank you for your great books and information.

Jon B, CA

An entirely new perspective...new possibilities...I loved every minute!

Christine H, Lakeport, CA

I can take all that I learned and apply it to my business, improve efficiency and create more with less!

Andrea O, Covina, CA

Diane, You have made and saved me tons of money over the last 5 years!

Greg M, Camden, IN

Diane, You're such a wealth of knowledge.

Lana K, Fairview, OR

Thank you for writing from the heart. You challenged me today, supported my dream and helped me move forward.